The acquisition of Black Knight, which provides software, data and analytics to the real estate and housing finance markets, is the latest in a string of deals since 2016 by ICE to support its mortgage servicing business as it bets on a windfall from the automation of the home financing process.
"Our data, technology and network expertise position us well to accelerate the analog to digital conversion happening across the mortgage industry," ICE President Benjamin Jackson said on a call with analysts in February.
https://www.reuters.com/business/nyse-owner-ice-buy-black-knight-131-bln-deal-2022-05-04/